Larvotto, a luxury district of Monaco
Created by the principality, the Larvotto district is one of the most popular in Monaco. It enjoys an exceptional location in the city. With its recent renovation, this seaside site is an attractive place for residents and visitors alike. Facing the seafront, the luxury and modernity of Larvotto make it one of the city-state's most emblematic sites.
Le Larvotto, a prestigious seaside district
This pleasant part of Monaco is frequented by locals as well as tourists. Properties for sale are rare and therefore particularly sought after. The rental market is very active. A large number of rental residences and prestigious buildings such as 21 Princesse-Grace or the Palais de la Plage make up the Larvotto district. The few residents live in luxury residences where the prestigious apartments enjoy a splendid view of the sea. Nearby, the Japanese garden offers a zen green setting in the heart of the district, while the best tables welcome gourmets. .
Larvotto is also known as the “beach area”. Feet in the sand, the azure lagoon gives the air of paradise and vacation to this seaside resort. East of Monaco, on the border with Roquebrune-Cap-Martin, this unique beach consists of 2 coves and stretches over 14,000 m².
Le Larvotto, a modernized seaside resort
After several months of renovation and modernization, the Larvotto seaside resort reopened its doors at the beginning of July 2021. 4,800 m² of new premises have been created for traders within the seaside resort. The public beach finds a second youth. The creation of breakwaters and other developments were part of the project to protect the beach from erosion. The renovation of the Larvotto district is above all geared towards reclaiming public space. Bike path, playground and shaded areas thanks to the planting of trees have been added to the site with the aim of widening the collective spaces and making them more attractive and more qualitative.
The restructuring of the district should further increase its rating. The prices of housing facing the seafront, avenue Princesse-Grace, are already between 50.000€ and 80.000€ per square meter. These prices could skyrocket soon due to a better quality of life and a commercial dynamic more focused on the year, and no longer on the summer season.
With the remodeling of the Monegasque coastline, the Larvotto becomes a real place of life, designed to fit into the architectural landscape of the principality. The 2021 version of the district follows on from the work to expand Monaco by sea, such as the highly anticipated Mareterra eco-district.